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Presidents Club: A stain on the industry

The real estate sector’s condemnation of ‘the most un-PC event of the year’ has been swift. Now all eyes are on how it will act. The first test is MIPIM.

Pradera completes fund recapitalization – Exclusive

The London-based retail real estate manager’s sale of a six-property portfolio will allow investors in its Pradera European Retail Fund 2 to fully exit the vehicle.

Principal to expand European presence with Internos buy

The American asset manager’s acquisition of the $3 billion pan-European real estate fund manager marks one of the first transatlantic real estate M&A deals since 2014.

PERE Amsterdam: RE ‘playing catch-up’ on lack of data

One potential solution to the problem, delegates at PERE’s Investor Forum in Amsterdam heard, might come through greater sharing of real estate data in the industry, in line with rival asset classes.

Shelter Rock forms Japan JV – Exclusive

The New York-based real estate capital advisory firm has allied itself with a Tokyo-based partner to help connect Japanese investors with investment opportunities in Europe and North America.

‘Mega-trends’ turn APG on to retirement homes

The Dutch investor has acquired a 25% stake in Lendlease’s Retirement Living business which is valued at around A$450m.

AEW, Natixis near final close on second fund – Exclusive

The firm has already raised €519m? for the vehicle, from which it expects to generate a return target of above 200 basis points 

Patrizia’s Sparinvest buy highlights global ambitions

The German investment manager’s acquisition of Sparinvest is in line with CEO Wolfgang Egger’s stated aim of turning the firm he founded into a global force. 

BVK refocuses on Europe after US foray

The €80bn German pension powerhouse has turned its attention back to the region after increasing its mandate with Finnish fund manager CapMan by €100m. 

EXPO: Hotels the big winner for institutional investors

Planned allocations to the hotel sector have almost doubled, while mainstream favorites such as office, retail and residential have fallen out of favor, say institutional investors surveyed by Universal-Investment